( ESNUG 474 Item 5 ) -------------------------------------------- [07/02/08]
Subject: Cadence employees
NOT SURE -- These letters came from private email accounts *claiming* to be
current Cadence employees. That is, they were NOT from @cadence.com. Yet
this is exactly how terrified Cadence employees would contact me. Hmmmm...
BE SURE TO READ ALL 8 PARTS OF THIS REPORT OR YOU'LL BE MISLED.
2.) As an EDA VENDOR what did you think of this move by Mike Fister?
3.) As EITHER, do you want this merger to happen? (CHOOSE YES or NO)
Calibre is one unconquered target for all other EDA vendors and is so
meticulously done by Mentor. How much ever Mentor tried, building its
empire around Calibre alone would not suffice.
For the users, it is a good thing because, more integrated solutions
are possible now. Many free tools can disappear whereby saving time
for the users to learn them since they are pushed anyway by
the CAD teams.
Fister I think is hitting two birds in one shot. By this action, he
is closing the doors for long-talked-about Magma-Mentor merger.
YES.
- [ An Anon Cadence Employee ]
---- ---- ---- ---- ---- ---- ----
This is a positive move to consolidate the technologies and support the
combined needs of modern design houses and provide better solutions
YES
- [ An Anon Cadence Employee ]
---- ---- ---- ---- ---- ---- ----
Very bad. Employees of both Mentor and Cadence would have to face big
layoffs. The combined headcount of the two companies would be over 9,500
in the beginning. Cadence would needs to get that down to 6,000 or 7,000
quickly. This would be the biggest set of layoffs the industry has ever
seen. With one less big employer in the industry, everyone else will have
a harder time finding a job.
The cultures at the two companies don't match, either. Mentorites have
walled offices. Cadencites have cubicles right now. But next year
Cadence R&D will move to an "open" cubicle environment with smaller
cubicles and waist-level partitions. Mentorites have sabbaticals.
Cadencites do not have sabbaticals, but they do have four weeks of unpaid
shutdown this year (two in a good year). Mentorites are used to long-term
management with long-term vision. Cadencites are used to new management
every three or five years and, apparently, are only looking to make a
quick buck.
At first it would be a good thing because Cadence makes big package deals
with deep discounts. But if there's only 1-1/2 competitors out there,
they could lock the customers into their tool flow, then raise the prices
in a few years. If there's less competition, a few years later you would
see less innovation. Also, the Cadence's merger-related debt might cut
into their ability to fund future R&D.
NO
- [ An Anon Cadence Employee ]
---- ---- ---- ---- ---- ---- ----
As an EDA vendor, I think Mike wants:
1) Get Calibre and DFM/DFY stuff
2) Get DFT
3) Gain complete control over PCB EDA market
4) End the benchmark with Sierra?
I would like to see this merger happen. This industry's been too "deadly
peaceful" after the death of Avanti. I welcome the birth of ATop. I
also welcome the merge between Cadence and Mentor.
- [ An Anon Cadence Employee ]
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